The basic fire policy covers loss of or damage to residential or commercial building, furniture, fixtures and fittings caused by or arising from:

Damage by fire & lightning

Damage by explosions of domestic boiler or domestic gas cylinder not forming part of a gas work

Damage by water or other extinguishing agents used to put out the fire

Damage resulting from gaining access to a fire

Smoke damages caused by fire

Interest Insured

Items that can be insured are:

Building, renovation

Furniture, fixtures and fittings

Office equipment, plant, machinery and utensils

Stock in trade

Rent

Removal of debris

Professionals fees

Personal Effects & Household goods

Premium & Extension

The basic premium is calculated based on a standard fire tariff rate prescribed by Persatuan Insurans Am Malaysia (PIAM) and is affected by the class of construction of the building, trade carried out at the premise and sum insured.

At an additional premium, the basic policy can be extended to cover loss of or damage to caused by and not limited to the following:

Riot, strike and malicious damage;

Explosion of boilers and pressure vessels;

Impact damage by own vehicles and third party vehicles;

Aircraft Damage;

Bursting and / or overflowing of water tanks apparatus and pipes (excluding sprinkler system);